BOCI: Raises PetroChina (00857.HK) H-share target price to HK$11.49, reiterates "Buy" rating

Zhitong Finance APP has learned that BOC International issued a research report stating that it has raised the H-share target price of PetroChina (00857.HK) from HK$11.3 to HK$11.49 and reiterated its "Buy" rating. The bank has raised the company's earnings forecasts for 2026 to 2028 by 1% to 3%, believing that third-quarter earnings were in line with expectations and that positive signs emerged in the upstream, refining and chemicals, and natural gas sales businesses.